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PSEi breaches 7,000; Wall Street rally, MSCI index weight re-balancing cited

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Philippine Stock Exchange.  AFP FILE PHOTO

The local stock barometer finished beyond the 7,000-mark for the first time in 15 months on Thursday as select large-cap stocks benefited from the latest MSCI index weight re-balancing alongside good tidings from an overnight Wall Street rally.

Posted: August 14th, 2014 in Latest Business Stories | Read More »

Asian stocks mixed while euro recovers

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Thursday, July 3, 2014. The Dow Jones industrial average topped 17,000 for the first time Thursday, the index's first big 1,000-point milestone this year, following news that hiring in the US accelerated last month.  AP PHOTO/RICHARD DREW

Asian markets were mixed Friday following another record on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

PSEi rises on Wall Street gains

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pse.com.ph photo

The local stock index firmed up on Wednesday, tracking an overnight gain on Wall Street following a favorable US inflation report.

Posted: July 23rd, 2014 in Latest Business Stories | Read More »

Asian shares mixed after MH17 losses

A woman walks by an electronic stock board of a securities firm in Tokyo on Friday, July 18, 2014. Asian markets were mixed on Monday, July 21, as bargain-hunting was offset by lingering geopolitical concerns after last week's downing of a Malaysian airliner in Ukraine.  AP PHOTO/KOJI SASAHARA

Asian markets took a lead from Wall Street and rebounded Monday from last week’s losses that were fuelled by the downing of a Malaysian airliner in Ukraine.

Posted: July 21st, 2014 in Latest Business Stories | Read More »

US stocks end lower after bank scare in Europe

In this May 11, 2007, file photo, a Wall Street sign is mounted near the flag-draped facade of the New York Stock Exchange. US stocks ended lower as fears about the health of a European bank weighed on the market.  AP PHOTO/RICHARD DREW

US stocks ended lower as fears about the health of a European bank weighed on the market.

Posted: July 11th, 2014 in Latest Business Stories | Read More »

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